Pricing Supplement Dated October 9, 1998                        Rule 424(b)(2)
(To Prospectus dated November 12, 1997 and         Registration Nos. 333-38003
Prospectus Supplement dated November 12, 1997)                and 333-38003-01

                              PP&L Capital Funding, Inc.
                     Medium-Term Notes, Series A - Fixed Rate
                       Unconditionally Guaranteed as to
                          Payment of Principal, Premium,
                             if any, and Interest by
                              PP&L Resources, Inc.
                             CUSIP No. (69349PAL3)

Principal Amount:  $50,000,000.00         Interest Rate:  5.86%

Agent(s)' Discount or                     Stated Maturity
Commission:  $125,000.00                  Date:  October 17, 2000

Net Proceeds to                           Original
Issuer:  $49,875,000.00                   Issue Date:  October 15, 1998


Interest Payment Dates:       March 15 and September 15
Regular Record Dates:         February 28 and August 31
First Interest Payment Date:  March 15, 1999 

Redemption:

_X_  The Notes may not be redeemed prior to the Stated Maturity Date.
___  The Notes may be redeemed prior to the Stated Maturity Date.
     Initial Redemption Date:  
     Initial Redemption Price:  
     Annual Redemption Percentage Reduction:      % until Redemption
     Percentage is 100% of the principal amount.

Repayment at the Option of the Holder:

_X_  The Notes may not be repaid at the option of the holder prior to 
     the Stated Maturity Date.
___  The Notes may be repaid to the Stated Maturity Date at the option
     of the holder of the Notes.
     Option Repayment Date(s):  
     Repayment Price:    %

Form:  _X_ Book-Entry  ___  Certified

Agent: ___ Merrill Lynch & Co.  
       ___ First Chicago Capital Markets, Inc.
       _X_ Goldman, Sachs & Co.  $50,000,000.00 
       ___ Morgan Stanley Dean Witter
       ___ Other

Agent acting in the capacity as indicated below:

       _X_ Agent     ___  Principal

If as principal:

___  The Notes are being offered at varying prices related to 
     prevailing market prices at the time of resale.
___  The Notes are being offered at a fixed initial public offering 
     price of 100% of principal amount.

If as Agent:

_X_  The Notes are being offered at a fixed initial public offering 
     price of 100% of principal amount.	

Other Provisions: